Tokyo, March 10 (Jiji Press)–Japan’s key Nikkei 225 stock average rebounded strongly Tuesday morning, aided by growing hopes for an early end to the U.S.-Israeli military operations against Iran. The index of 225 selected issues listed on the Tokyo Stock Exchange’s Prime section stood at 54,642.56 at 10:14 a.m., up 1,913.84 points, or 3.63 pct, from Monday’s closing. On Monday, the Nikkei plummeted more than 2,800 points reflecting a surge in crude oil prices. Stocks attracted buybacks Tuesday morning as investor sentiment improved following U.S. President Donald Trump’s remark Monday that the military operations against Iran are almost over, which led crude oil prices to plunge and U.S. equities to bounce back, brokers said. END [Copyright The Jiji Press, Ltd.]
Nikkei Surges on Hopes for Early End to Iran Conflict
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